Political Action Committee

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In the US, a political action committee, or PAC, is the name commonly given to a private group, regardless of size, organized to elect or defeat government officials or to promote legislation. Legally, what constitutes a "PAC" for purposes of regulation is a matter of state and federal law. Under the Federal Election Campaign Act, an organization becomes a "political committee" by receiving contributions or making expenditures in excess of $1,000 for the purpose of influencing a federal election.

See also List of political action committees.

Contributions by individuals to federal PACs are limited to $5000. Corporations and unions may not contribute to federal PACs, though they may pay for the administrative costs of a PAC affiliated with the specific corporation or union. Corporate and union affiliated PACs may only solicit contributions from executives, shareholders and their families (in the case of corporations) or members (in the case of unions). "Independent" PACs not affiliated with a corporation or union may solicit contributions from the general public but must pay their operating costs from these regulated contributions.

Federal Multi-candidate PACs are limited in the amount of money they can contribute to other organizations:

at most $5,000 per candidate per election. Elections such as primaries, general elections and special elections are counted separately.
at most $15,000 per political party per year.
at most $5,000 per PAC per year.

Under federal law, PACs are not limited in their ability to spend money independently of a candidate campaign.

Categorization of PACs Political Money Line PoliticalMoneyLine uses the following categories for PACs (The latest totals are available here):

Agriculture in the United States
Business - Retail, Services
Science and technology in the United States
City/County
Defense
Energy policy of the United States, Natural Resources
Finance, Insurance
Foreign relations of the United States
Health care in the United States
Labor unions in the United States
Law
Manufacturing
Public Employees
Real Estate/Construction
Transportation in the United States
Miscellaneous
Undetermined

2004 Presidential election In the 2004 elections, the top 10 PACs by money spent by themselves, their affiliates and subsidiaries were as follows:

EMILY's List $22,767,521

Service Employees International Union $12,899,352

American Federation of Teachers $12,789,296

American Medical Association $11,901,542

National Rifle Association $11,173,358

Teamsters Union $11,128,729

International Brotherhood of Electrical Workers $10,819,724

National Education Association $10,521,538

American Federation of State, County and Municipal Employees $9,882,022

Laborers' International Union of North America $9,523,837